Glassnode's Altseason Indicator was triggered on July 9, highlighting significant developments in the cryptocurrency market. The indicator points to expanding stablecoin supplies, increased inflows into Bitcoin ($BTC) and Ethereum ($ETH), and a rising altcoin market capitalization. This suggests a potential shift in market dynamics as investors diversify their portfolios beyond major cryptocurrencies.
Glassnode's Altseason Indicator Signals Rising Altcoin Market
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